{"id":559297,"date":"2023-11-06T14:00:56","date_gmt":"2023-11-06T14:00:56","guid":{"rendered":"https:\/\/uniquehot.com\/?p=559297"},"modified":"2024-06-11T06:55:58","modified_gmt":"2024-06-11T06:55:58","slug":"expert-predicts-date-next-bitcoin-cycle-high-130000","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/expert-predicts-date-next-bitcoin-cycle-high-130000\/","title":{"rendered":"Expert Predicts Date For Next Bitcoin Cycle High Of $130,000"},"content":{"rendered":"

CryptoCon, a figure in the crypto analysis community, has presented a detailed chart<\/a> that anticipates the next Bitcoin cycle peak to be in the vicinity of $130,000. According to the analyst, the date for the next cycle high will be November 28, 2025, with a possible deviation of 21 days. This projection is based on the Halving Cycles Theory, which aligns the Bitcoin price movement with the dates of its halving events.<\/p>\n

Bitcoin Halving Cycle Theory<\/h2>\n

The chart delineates Bitcoin’s historical and projected price trajectory across four color-coded cycles, each representing a different market phase postulated by CryptoCon. The “Green Year” indicates periods of accumulation, with the best cycle buying prices and a return to the median, which is half of the previous all-time high (ATH).<\/p>\n

The “Blue Year” is identified as a preparatory phase where the price gravitates around the median before climbing towards new ATHs at the end of the year. The “Red Year” heralds new ATHs, while the “Orange Year” suggests a bear market where the price becomes undervalued and bottoms out at the end of the year.<\/p>\n

\"Bitcoin
Bitcoin price prediction | Source: X @CryptoCon_<\/figcaption><\/figure>\n

CryptoCon’s theory is grounded in the historical patterns observed around Bitcoin’s halving events\u2014the first on November 28, 2012, and the second on July 9, 2016. The analyst asserts, “Every prediction of this model has remained precisely on track since its creation in Jan of this year.”<\/p>\n

Related Reading: Bitcoin Falls Under $35,000 But 86% Of Supply Remains Unmoved \u2013 Temporary Setback?<\/a><\/div>\n

Despite criticisms regarding the exact timing of past cycle peaks, CryptoCon maintains confidence in the model, stating, “The biggest critique I have seen of this model is that the technical top came in April 2021 and not November. But you can’t argue with the numbers, the price was higher.”<\/p>\n

Early Top, Top, And Bottom For The Next BTC Cycle<\/h2>\n

The analyst’s approach combines various price experiments and a Trend Pattern Price model, leading to a consensus target of $130,000. The shared chart also specifies that Bitcoin is on the cusp of a “Blue Year.\u201d According to CryptoCon, the next early top for Bitcoin is anticipated to occur within a 21-day window around July 9th, 2024, with an expected price range of $42,000 to $48,000.<\/p>\n

Related Reading: Bitcoin Price Plunge To $12,000 Is Not Foreseeable \u2013 Analyst Explains Why<\/a><\/div>\n

The chart analysis goes on to forecast the next cycle top, which is expected to fall within a similar 21-day margin around November 28, 2025. The projected price range for this peak is notably bullish, setting the target between $90,000 to $130,000.<\/p>\n

CryptoCon’s tweet underscores this prediction, stating: “Nothing has changed about my time frame or expected price for the next Bitcoin cycle top. 90 – 130k +\/- 21 days from Nov 28th, 2025.”<\/p>\n

Remarkably, Cryptocon is also providing insights into the next cycle bottom. His forecast suggests a price floor of approximately $27,000, again within a 21-day range from November 28th, 2026. This aligns with the model’s ‘Orange Year,’ which is typically characterized as a bear market period where the price is expected to bottom out by the end of the year.<\/p>\n

At press time, BTC traded at $35,229.<\/p>\n

\"Bitcoin
BTC bull pennant in progress, 1-day chart | Source: BTCUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
Featured image from iStock, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

CryptoCon, a figure in the crypto analysis community, has presented a detailed chart that anticipates the next Bitcoin cycle peak to be in the vicinity of $130,000. According to the analyst, the date for the next cycle high will be November 28, 2025, with a possible deviation of 21 days. This projection is based on the Halving Cycles Theory, which aligns the Bitcoin price movement with the dates of its halving events. Bitcoin Halving Cycle Theory The chart delineates Bitcoin’s historical and projected price trajectory across four color-coded cycles, each representing a different market phase postulated by CryptoCon. The “Green Year” indicates periods of accumulation, with the best cycle buying prices and a return to the median, which is half of the previous all-time high (ATH). The “Blue Year” is identified as a preparatory phase where the price gravitates around the median before climbing towards new ATHs at the end of the year. The “Red Year” heralds new ATHs, while the “Orange Year” suggests a bear market where the price becomes undervalued and bottoms out at the end of the year. CryptoCon’s theory is grounded in the historical patterns observed around Bitcoin’s halving events\u2014the first on November 28, 2012, and the second on July 9, 2016. The analyst asserts, “Every prediction of this model has remained precisely on track since its creation in Jan of this year.” Related Reading: Bitcoin Falls Under $35,000 But 86% Of Supply Remains Unmoved \u2013 Temporary Setback? Despite criticisms regarding the exact timing of past cycle peaks, CryptoCon maintains confidence in the model, stating, “The biggest critique I have seen of this model is that the technical top came in April 2021 and not November. But you can’t argue with the numbers, the price was higher.” Early Top, Top, And Bottom For The Next BTC Cycle The analyst’s approach combines various price experiments and a Trend Pattern Price model, leading to a consensus target of $130,000. The shared chart also specifies that Bitcoin is on the cusp of a “Blue Year.\u201d According to CryptoCon, the next early top for Bitcoin is anticipated to occur within a 21-day window around July 9th, 2024, with an expected price range of $42,000 to $48,000. Related Reading: Bitcoin Price Plunge To $12,000 Is Not Foreseeable \u2013 Analyst Explains Why The chart analysis goes on to forecast the next cycle top, which is expected to fall within a similar 21-day margin around November 28, 2025. The projected price range for this peak is notably bullish, setting the target between $90,000 to $130,000. CryptoCon’s tweet underscores this prediction, stating: “Nothing has changed about my time frame or expected price for the next Bitcoin cycle top. 90 – 130k +\/- 21 days from Nov 28th, 2025.” Remarkably, Cryptocon is also providing insights into the next cycle bottom. His forecast suggests a price floor of approximately $27,000, again within a 21-day range from November 28th, 2026. This aligns with the model’s ‘Orange Year,’ which is typically characterized as a bear market period where the price is expected to bottom out by the end of the year. At press time, BTC traded at $35,229. Featured image from iStock, chart from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":559299,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,89806,679,1122,1144],"class_list":["post-559297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-halving-cycle","tag-bitcoin-price","tag-btc-price","tag-btcusd"],"acf":[],"yoast_head":"\nExpert Predicts Date For Next Bitcoin Cycle High Of $130,000<\/title>\n<meta name=\"description\" content=\"CryptoCon has presented a detailed forecast chart which anticipates the next Bitcoin cycle peak to be in the vicinity of $130,000.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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Through his extensive work with uniquehot.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons"],"url":"https:\/\/uniquehot.com\/author\/marcusmisiak\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Expert Predicts Date For Next Bitcoin Cycle High Of $130,000","url":"http:\/\/uniquehot.com\/news\/expert-predicts-date-next-bitcoin-cycle-high-130000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/expert-predicts-date-next-bitcoin-cycle-high-130000\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/iStock-1367994454.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/iStock-1367994454.jpg?fit=1254%2C836"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Jake Simmons"}],"creator":["Jake Simmons"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin halving cycle","bitcoin price","btc price","btcusd"],"dateCreated":"2023-11-06T14:00:56Z","datePublished":"2023-11-06T14:00:56Z","dateModified":"2024-06-11T06:55:58Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Expert Predicts Date For Next Bitcoin Cycle High Of $130,000\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/expert-predicts-date-next-bitcoin-cycle-high-130000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/expert-predicts-date-next-bitcoin-cycle-high-130000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/iStock-1367994454.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/iStock-1367994454.jpg?fit=1254%2C836\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Jake Simmons\"}],\"creator\":[\"Jake Simmons\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin halving cycle\",\"bitcoin price\",\"btc price\",\"btcusd\"],\"dateCreated\":\"2023-11-06T14:00:56Z\",\"datePublished\":\"2023-11-06T14:00:56Z\",\"dateModified\":\"2024-06-11T06:55:58Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/iStock-1367994454.jpg?fit=1254%2C836","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/559297"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/571"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=559297"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/559297\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/559299"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=559297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=559297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=559297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}